Atlantic Coast contains 57% of the total homes at risk of storm surge flooding; CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its 2019 CoreLogic Storm Surge report, which shows more than 7.3 million single– and multifamily homes along the Gulf and Atlantic Coasts have the potential for storm surge damage, with a total estimated reconstruction cost value (RCV) of nearly $1.8 trillion.
More than 6.8 million homes located on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage, according CoreLogic’s latest storm surge report. The total cost for.
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CoreLogic Storm Surge Analysis Identifies Nearly 6.9 Million US Homes at Risk of Hurricane Storm Surge Damage in 2017 By Published: June 1, 2017 8:03 a.m. ET
CoreLogic Report Finds 6.9 Million Homes at Risk of Hurricane Storm Surge Damage with $1.6 Trillion in Potential Reconstruction Costs at Stake. Louisiana ranks second with over 817,000 at-risk homes, Texas ranks third with more than 543,000 at-risk homes, and New Jersey ranks fourth with over 471,000 at-risk homes.
Dr. Tom Jeffery, senior hazard scientist at CoreLogic, said Florida "has the largest number of homes (2.9 million) and the most coastline home development" in the storm surge area, as well as the highest RCV ($603 billion).
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The Southeast also accounts for nine of CoreLogic’s top 15 metropolitan areas at greatest risk of storm surge. th hurricane of 1944 (before hurricanes were given actual names), which caused $15.
If Florida is hit with a major hurricane this season, 459,000 homes in Tampa Bay could be at risk for damage by storm surge, the third-most among major metro areas. And rebuilding them all could top.
(MoneyWatch) Storm surge damage from a hurricane or. more than 4.2 million homes are at risk from storm surge, which could cause more than $1 trillion in damage, according to a recently released.
CoreLogic Storm Surge Analysis Identifies Nearly 6.9 Million US Homes at Risk of Hurricane Storm Surge Damage in 2017 -total reconstruction Cost Value for All Homes is More Than $1.5 Trillion-